| Home Owner's Insurance! |
| Your home is typically one of the largest investments that most people ever make. In order to protect that investment, you will need to purchase homeowners insurance. |
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| The Fundamentals |
| Most standard homeowners insurance policies cover perils caused by: |
- Fire
- Lightning
- Smoke
- Theft
- Frozen pipes
- Ice and snow
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| Homeowners insurance also provides coverage for liability claims, and medical payments to third parties, for risks occurring at home. Generally, liability coverage included in a homeowners policy is around $100,000, however, if you need more coverage we recommend a personal liability umbrella. Call us for more information 888-900-6532. |
| How much should I consider purchasing? |
| Your mortgage or bank lending institution will require borrowers to purchase a minimum amount of homeowners insurance (this is typically equal to the appraised value or the purchase price of the home). However, generally speaking, this amount of coverage is inadequate. What you really want to cover is the amount it would cost to REPLACE your home and its contents. |
| There are two ways to value the replacement cost of your home and contents: |
- ACH (Actual Cash Value) pays you an amount equal to the replacement value of the property, minus depreciation for the years you owned the item.
- Replacement Cost pays you the full value of the item today, so that you can replace the old item with a new one. Therefore it pays out the amount if money it would take to replace your contents and home at the time of the loss.
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| How do I start? |
| Simply apply online here for a no obligation free quote. Or, call us at 888-900-6532!
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